Wednesday, January 26, 2022 12:27 AM
NEW YORK—The national average for gross revenue at ECP locations decreased last week, Jan. 17-23, at a rate of -3 index points. That places gross revenue at a level equal to where it was at this point in time (Week 4) in 2019 but below the levels reached at this same time in 2020 (-8 points) and 2021 (-11 points), according to Jobson’s most recent Practice Performance Tracker. All optical sales categories decreased last week, at rates ranging from -5 index points for contact lenses to -2 index points for exams/refractions, frame units and lens pairs.
Wednesday, January 26, 2022 12:24 AM
NEW BRUNSWICK, N.J.—Johnson & Johnson
(NYSE: JNJ) reported Tuesday that its fourth-quarter sales totaled $24.8 billion, reflecting growth of 10.4 percent, and 11.6 percent growth on an operational basis. (U.S. sales in the vision care segment, which includes contact lenses, increased at a similar rate in Q4, the announcement noted.) The company's adjusted operational sales growth (which excludes the net impact of acquisitions and divestitures and currency impact) came in at 12.3 percent in the fourth quarter.
Wednesday, January 26, 2022 12:21 AM
NEW YORK—This week, EssilorLuxottica
(Reuters: ESLX.PA) is officially introducing Leonardo
, an innovative learning platform open to the entire vision care industry. Employees, eyecare professionals and patients eager for professional and personal development, or curious about the unique and powerful world of vision, will find expert curated content from Essilor and Luxottica that can be tailored for every learner, the company said. Marking a major investment in EssilorLuxottica employees and customers, Leonardo offers an intuitive, user-friendly experience across all devices, accessible any time.
Wednesday, January 26, 2022 12:18 AM
PORTLAND, Oregon—Smith Optics
has announced the appointment of Taryn Ryan as global head of marketing. Ryan brings over a decade of comprehensive brand and product go-to-market experience to Smith to help drive strategy, growth, brand awareness and loyalty across all aspects of the business. Ryan, a native of Cape Town, South Africa, joined Luxottica Group in 2008 as a buyer for Sunglass Hut and was promoted to business manager for the sport portfolio in 2010 with a focus on the Oakley brand across Africa and the Middle East.
Wednesday, January 26, 2022 12:15 AM
ST. LOUIS—The Canadian Association of Optometrists
(CAO) has endorsed the World Council of Optometry
(WCO) myopia management as standard of care
resolution. In a position statement
, the CAO said that it supports the WCO resolution and endorses evidence-based myopia management as a standard of care for all at-risk patients. The CAO recognizes that myopia is a global public health issue and cannot be considered merely an inconvenience of uncorrected vision. CAO president Dr. Harry Bohnsack said, “Since the World Health Organization’s release of the World Report on Vision in 2019, CAO’s Council has been concerned about the increasing prevalence of myopia globally.
Wednesday, January 26, 2022 12:04 AM
‘Big ideas’ refers to strategic, long-term ideas and experiences that help brands build meaningful relationships with people. ‘Tactics,’ by contrast, connotes small, disposable and ephemeral executions. By labeling our ideas as ‘tactics,’ we devalue and undersell the work even before we show it. You’re saying, ‘Now let me show you some small thinking.’
Wednesday, January 26, 2022 12:02 AM
Specsavers has announced plans to make a $100 million CDN investment to cover start-up costs for new Specsavers locations across Canada. The investment, an approach unique to the Canadian market, will cover start-up costs of approximately $500,000 for 200 locations.
Tuesday, January 25, 2022 5:29 PM
ALEXANDRIA, Va.—The Vision Council
hosted its Annual Business Meeting in a virtual format yesterday, Monday January 24. Presented under the banner of “It’s All Connected,” the meeting included a welcome address from Karen Roberts, The Vision Council’s Chair, followed by remarks from Ashley Mills, CEO of The Vision Council. Additionally, an overview of the enhancements planned for The Vision Council’s 2022 research program was presented by Alysse Henkel, The Vision Council’s director of Research Data and Analytics. The Vision Council also inducted its 2022 Board of Directors during the meeting. Read More
Tuesday, January 25, 2022 5:18 PM
Your practice’s culture dictates the kind of experience you offer both patients and your team. Having clear core values that are lived by team members has a significant impact on the way your team members will care for patients. With a strong set of core values, patient satisfaction will increase leading to improved retention of patients and more friends and family referrals. Patients who return annually provide significant revenue to practices. In our practice, a focus on defining, discussing, and living out our core values helped us achieve 18.5 percent year-over-year net profit growth for the last five years. Read More
Tuesday, January 25, 2022 3:11 PM
Over 60 percent of consumers aged 60+ visited a social networking website at least once a week, while 21 percent took part in video gaming weekly, according to a new study by global market research company Euromonitor International.
The highly anticipated annual report, “Top 10 Global Consumer Trends 2022”
was released last week. It defines the following trends that are motivating consumer behavior and challenging business strategies in the year ahead.
Tuesday, January 25, 2022 11:05 AM
Beginning next week, the Biden administration will make three N95 masks
available for free to every adult in the United States. Head over to New York Magazine
to learn more about where you can pick up your masks, what kind of N95s will be provided and everything else we know about the program.
Tuesday, January 25, 2022 8:25 AM
The team at Pacific Optometry Group
in Orange County, California, shared a fun and informative TikTok to show patients the behind the scenes story of how their glasses are made.